Retailers

Retailers expect double-digit growth as Black Friday sales go live

Retailers expect double-digit growth as Black Friday deals boost footfalls and sales, with malls extending hours and brands offering major discounts across fashion, beauty and lifestyle categories

Apparel retailers set sights on double-digit growth as harsh winters set in

Value retailers, too, are hopeful of a strong winter season

Apple distributors warn Indian retailers against diverting stocks to Russia

Experts estimate that 3-5 per cent of total iPhone exports come from unofficial channels, and nearly half of these go to Russia, where Apple stopped operations after the Ukraine war

Apple rolls out AI chatbot but only for internal staff training: Report

The 'Asa' chatbot is being tested within Apple's SEED app to prepare retail employees ahead of the iPhone 17 series launch

Centre tightens wheat stock norms for wholesalers, retailers and processors

The government on Tuesday further tightened wheat stock-holding norms for wholesalers, small and big chain retailers, and processors to curb hoarding and check price rise. "As part of continuous efforts to moderate prices of wheat before the upcoming festive season, The central government has decided to revise the wheat stock limit applicable until 31st March 2026," the food ministry said in a statement. According to the revised norms, wholesalers are allowed to maintain wheat stock up to 2,000 tonnes instead of 3,000 tonnes, retailer can hold 8 tonnes for each outlet instead of 10 tonnes, while big chain retailer can hold eight tonnes for each outlet instead of 10 tonnes earlier. Processors will be allowed to maintain 60 per cent instead of 70 per cent of their monthly installed capacity multiplied by the remaining months of this fiscal year. In 2025, the government revised wheat stock limits twice: first on February 20, reducing limits to 250 tonne for traders and four tonnes per

Decathlon aims to scale sourcing from India to $3 billion by 2030

French sports retailer Decathlon on Tuesday said it will increase sourcing of goods from India for its global operations to USD 3 billion by 2030. Decathlon has been sourcing from India for the last 25 years and is committed to its "Make in India" vision and its focus on local production capabilities to serve both domestic and global markets, the company said. This growth will be driven by a focused push in high-potential categories such as footwear, fitness equipment, and technical textiles, which will be designed to meet the evolving demands of both Indian consumers and global markets, it added. "Currently, India accounts for 8 per cent of Decathlon's global sourcing quantities," the French retailer in a statement, adding that the goal is to scale this to 15 per cent by 2030. For the India retail operations, Decathlon's local sourcing is over 70 per cent of the quantities sold in India in 2025. "This figure is expected to rise to 90 per cent by 2030, reinforcing the brand's focu

Unaati by CBV, with the fintech partner Capital Trust, empowers India's micro-retailers with a Credit line

.

Sundaram Home crosses ₹1,000 cr in disbursements from non-south markets

Sundaram Home Finance which has been expanding its presence beyond Southern markets has reached a milestone of breaching Rs 1,000 crore mark in its disbursements made in non-south markets in FY 2024-25, a top official said. Sundaram Home Finance is a wholly-owned subsidiary of Sundaram Finance Ltd. It provides home loans, plot loans, loans against property and business loans to traders and retailers. The city-headquartered company, a traditional player in south India, has expanded its presence in Maharashtra, Rajasthan and Madhya Pradesh. It also entered into the Chhattisgarh market. For the financial year ending March 31, 2025, Sundaram Home Finance made disbursements of Rs 6,517 crore (including south and non-south markets) which was up by 29 per cent from Rs 5,039 crore disbursements made in the same period of previous financial year (FY2023-24). With the growing presence in the country, the contribution from non-south geographies has doubled in the last couple of years to about

Walmart leases 4.6 lakh sq ft in Chennai for Rs 3.26 crore monthly rent

The rent payable by Walmart will escalate by 4 per cent every year across the lease period that started on January 1, 2025

Explain steps taken to safeguard small retailers: House panel to CCI

Committee also seeks status of the proposed digital competition law

Popees Baby Care opens 86th store in Karamana, Trivandrum

.

Govt mandates weekly wheat stock reporting to curb market speculation

The government has introduced a mandatory weekly wheat stock reporting requirement for traders, wholesalers, retailers and processors from all states and Union territories, starting April 1, as part of a comprehensive strategy to manage food security and prevent market speculation. Under the directive, all legal entities must declare their wheat stock positions on the government's online portal every Friday until further notice, according to an official statement. The wheat stock limit currently in place is set to expire on March 31. The Department of Food and Public Distribution will closely monitor the disclosures to control prices and ensure consistent wheat availability throughout the country. Entities not yet registered on the portal are urged to do so immediately and begin their weekly stock reporting, according to the statement.

FMCG distributors rally to defend turf against qcom, ecom competitors

FMCG distributors and retailers will launch a nationwide campaign from January 20 to March 31 in over 500 districts and 700 talukas

Retailers urge FinMin and GST Council not to go for higher 35% tax rate

Indian Sellers Collective, an umbrella body of trade associations and sellers across the country, has urged the finance minister and the GST Council not to accept some of GST rate rationalisation suggestions, including the proposal for inclusion of a special rate of 35 per cent on some products. The sellers body is of the view that a fifth GST slab of 35 per cent on demerit goods such as aerated beverages, cigarettes and tobacco, and pricing-based rate structure will materially and fundamentally alter the country's GST framework with devastating outcomes. These recommendations violate both the letter and the spirit that it will be a 'good and simple tax', Indian Sellers Collective said in a statement on Thursday ahead of the 55th GST Council meeting to be held on December 21, 2024 at Jaisalmer, Rajasthan. "On the contrary, it will hurt the profit margins of the retailers, lead to compliance nightmares and fuel a parallel economy. This move will primarily benefit Chinese producers wh

Retailers eye Black Friday sale to energise bargain-hungry holiday shoppers

It's show time. After weeks of pushing early deals, retailers in the United States and some other countries are promising bigger discounts on Black Friday, the sales event that still reigns as the unofficial kickoff of the holiday shopping season even if it's lost some luster. Department stores, shopping malls and merchants big and small see the day after Thanksgiving as a way to energise shoppers and to get them into physical stores at a time when many gift-seekers do the bulk of their browsing and buying online. Enough traditionalists must still be around, because Black Friday remains the biggest day of the year for retail foot traffic in the US, according to retail technology company Sensormatic Solutions. Black Friday is still an incredibly important day for retailers, Grant Gustafson, head of retail consulting and analytics at Sensormatic, said. It's important for them to be able to get shoppers into their store to show them that experience of what it's like to browse and to

Walmart to roll back diversity policies amid pressure from conservatives

The retailer will scale back racial equity training, stop participating in rankings by an LGBTQ advocacy group and review its support for Pride and other events

Consumer protection: Retailer held liable for selling defective earpiece

"We undertake to repair/replace all material and manufacturing defects within the warranty period." The National Commission concluded this made it equally responsible for repair or replacement

After cola play, Reliance Consumer takes trade margin fight to snacks

Reliance Consumer announced its entry into the fast-moving consumer market in 2022

Restructuring will boost 7-eleven growth prospects: Seven & i CEO

While its Japanese 7-Eleven convenience stores are a money-spinner, Seven & i has been hobbled by poor performance at its supermarkets, including the Ito Yokado stores that make up a part

Sweden based Volvo Cars tops forecast but cuts outlook on market slowdown

Volvo Cars said it now expects its retail sales to rise by 7-8% this year, down from a forecast in July of 12-15% growth, anticipating no growth in the fourth quarter